India, Switzerland eye deeper ties in trade, investment, tech
India and Switzerland have signed five agreements to strengthen cooperation in trade and mobility. The two countries aim to enhance market access for Indian exports and attract Swiss investments in key sectors. A new mobility agreement will facilitate easier access for Indian professionals and students to Switzerland. Both leaders discussed global conflicts and emphasized the importance of…
India and Switzerland are looking to strengthen their bilateral ties in various sectors, including trade, investment, technology, defence production, and nuclear energy. During a recent meeting between Prime Minister Narendra Modi and Swiss President Guy Parmelin, the two nations signed five agreements, including one focused on a migration and mobility partnership and another for the exchange of young professionals.
The collaboration is expected to leverage innovation, infrastructure, and advanced technology as key pillars of the partnership. The signing of the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) countries in 2024 has set the stage for increased investment and job creation in India, with a target of $100 billion in investment and 1 million direct jobs over the next 15 years.
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